The uncertainty around potential output remains high because it is not clear how
much productive capacity will ultimately be rebuilt as the economy strengthens.
Not exact matches
In my email, I went on to discuss why this matters so
much and why it is incorrect to think of China's GDP growth as growth in China's underlying economy (or in its debt - servicing
capacity, or its
productive capacity, or however else one prefers to think of GDP).
Much of the discussion of food loss and waste has been predicated on this assumption, with the related conclusion that better management and distribution of existing supplies could substitute for investment in increased
productive capacity.
Population aging has wide ranging impacts for our country and while
much of the policy debate surrounds the impact on areas such as health care, taxation revenue and our
productive capacity, there is little discussion about the impact that it will -LSB-...]
It generates its liquidity internally through profitable operations that don't require
much in the way of reinvestment in order to maintain its
productive capacity.
So the carrying
capacity of
much of southern Europe will fall sharply but northern Europe will remain
productive, with different crops and methods.